Time Warner's Bewkes: Company will focus on emerging markets

Time Warner CEO Jeff Bewkes says the media company plans to focus its growth in the ripe markets of Latin America and eastern Europe and isn't planning to acquire television properties in western Europe, telling the Financial Times that "going into a more static free to air business in a non-leadership position in a mature economy doesn't really fit."

Bewkes, in London to address the Royal Television Society, said Time Warner would instead concentrate on opportunities to expand its existing cable channels--like HBO and CNN--and look at free-to-air broadcasters only in developing markets where branded channels have yet to develop.

For more:
- see this article

Related articles:
Over-the-top online video's Siren song for cable and IPTV
Gearing up for the mobile video explosion
Verizon joins TV Everywhere, launches trial
Comcast dismisses cord-cutting threat

Suggested Articles

NCTA-The Internet and Television Association is pointing to a new report that shows the cable industry had a $450 billion impact on the U.S. economy in 2018.

CBS is warning viewers that AT&T’s pay TV services including DirecTV, DirecTV Now and U-verse could lose CBS broadcast networks soon if a new agreement isn…

Ultimately, operators will need to begin now to adopt a new data-centric approach, knowing that changes may take years to accomplish.